Overview
Are you a resident of Stem, North Carolina looking to save money on your electricity bills? Consider installing solar panels on your home! In this article, we will demonstrate the financial benefits of switching to solar energy by analyzing the weather data specific to Stem, North Carolina, such as precipitation levels, UV ratings, and cloud cover percentages. By breaking down the cost of a solar system and estimating the time it will take to break even, you’ll see how investing in solar panels can lead to long-term savings for your household.
Stem North Carolina Weather Trends
Stem Precipitation
With Stem, North Carolina receiving 57.43 inches of precipitation in the last year, it is noted for being in the 10th percentile within the state. However, compared to the rest of the country, Stem falls within the 65th percentile. This means that the area receives a moderate amount of rainfall, providing ample opportunity for solar panels to generate electricity even on cloudy days.
Stem’s UV Rating
Stem, North Carolina’s average UV rating of 4.78 places it in the 54th percentile in the state. Nationally, Stem ranks even higher at the 72nd percentile. This indicates that the area receives a sufficient amount of sunlight to make investing in solar panels a smart choice. With an average max UV rating of 5.2, the potential for solar energy production is even greater in Stem.
Stem’s Cloud Cover
Stem, North Carolina had an average of 41% cloud cover in the last year, positioning it in the 29th percentile in the state. Compared to the national average of 44.46%, Stem enjoys slightly clearer skies, making it an ideal location for solar energy production. With a variety of cloud cover throughout the year, there are plenty of opportunities for solar panels to generate electricity efficiently.
Stem North Carolina Electricity Costs
Residents of Stem, North Carolina pay around $0.11/kw for electricity, placing them in the 5th percentile in the state. Nationally, Stem is in the 29th percentile for electricity costs. With the average residential electricity price in North Carolina at $0.12/kw, Stem residents already benefit from lower electricity rates. By installing solar panels, homeowners can further reduce their electricity bills and potentially even generate savings in the long run.
When could you expect to break even on a solar installation in Stem North Carolina?
Considering the weather and electricity costs in Stem North Carolina, let’s break down the investment in solar panels and see how long it would take to make up the initial cost.
First, let’s look at the weather data:
- Stem North Carolina receives more precipitation than the national average, but it still has enough sunshine for solar panels to be effective.
- The UV ratings in Stem North Carolina are higher than the national average, making it a great location for generating solar power.
- Cloud cover in Stem North Carolina is slightly lower than the national average, with varying cloud cover throughout the year.
Now, let’s consider the electricity costs:
- Residents in Stem North Carolina pay lower electricity rates compared to the national average, making solar power an even more attractive option.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000.
- This system is expected to last between 25 and 30 years.
To find out how long it would take to break even on this investment, we need to calculate the annual savings from using solar power. Here’s how:
- Solar panels generate electricity, reducing the amount of power needed from the grid and resulting in savings on electricity bills.
- With Stem North Carolina’s lower electricity costs, the savings from using solar power will be significant.
After analyzing the data, it looks like it would take approximately 5 years to cover the initial cost of the solar panels in Stem North Carolina. This means that after 5 years, the money saved on electricity bills will start to accumulate and pay off the investment. Also, considering that solar panels last for up to 30 years, the long-term savings and benefits make installing solar panels a wise choice for residential energy needs. Not only does it save money in the long run, but it also contributes to a cleaner and more sustainable environment.
Investing in solar power in Stem North Carolina
After analyzing the weather trends and electricity costs in Stem, North Carolina, it is clear that investing in solar panels can lead to significant long-term savings for residents. With ample sunlight, moderate precipitation, and lower electricity rates, Stem is an ideal location for solar energy production. By estimating the time it would take to break even on the initial cost of a solar system, around 5 years, homeowners can see the financial benefits of making the switch to solar power. Not only does it save money, but it also contributes to a cleaner and more sustainable environment for future generations.